iShares Intermediate Muni Income Active ETF

Frequently Asked Questions About INMU

What does INMU invest in?

The iShares Intermediate Muni Income Active ETF endeavors to generate the highest possible amount of current income, which is not subject to taxation.

What is the expense ratio of INMU?

iShares Intermediate Muni Income Active ETF (INMU) charges an expense ratio of 0.41%. This is the annual fee deducted from fund assets to cover management and operations.

What is INMU's dividend yield?

INMU's trailing-twelve-month yield is 3.39%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of INMU?

Effective duration measures INMU's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. INMU's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of INMU?

INMU's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of INMU?

Yield to maturity (YTM) is the total return you'd earn from INMU if every bond in the portfolio is held to maturity at the current price. INMU's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.